Genesis Energy, Inc. Stock Appreciation Rights Grant Notice

Summary

Genesis Energy, Inc. is granting you a specified number of stock appreciation right (SAR) units at a set strike price. Depending on whether this is your initial or a subsequent grant, the units will vest either 25% per year over four years or fully on the fourth anniversary of the grant date. When vested and exercised, each unit entitles you to a cash payment based on the increase in value from the grant date to the exercise date. Details on valuation are provided in the attached plan document.

EX-10.10 3 h23366exv10w10.txt FORM OF STOCK APPRECIATION RIGHTS PLAN GRANT NOTICE Exhibit 10.10 Form of Notice of Stock Appreciation Right Grant Effective _________, the Board of Directors of Genesis Energy, Inc. has awarded you a[n] [initial] grant of ____ units with a strike price of $___ per unit. [For the initial grant to a recipient.] This grant will vest at 25% per year over a 4-year period. [For a subsequent grant to a recipient.] This grant will vest on the fourth anniversary of the date of this award. Each unit entitles you to receive a cash payment equal to the difference between the strike price on the grant date and a valuation of the unit at the time you exercise your unit. A description of the method of valuation at exercise can be found in the attached copy of the Plan Document.